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US chipmaker Nvidia is planning to build a research and development centre in Shanghai, the Financial Times reported Friday, as tighter export restrictions imposed by Washington threaten sales in the key Chinese market.
The tougher US controls in recent years have prevented the California-based firm from selling certain AI chips — widely regarded as the most advanced in the world — to China.
As a result, it is now facing tougher competition from local players in the crucial market, including Huawei.
Nvidia boss Jensen Huang discussed plans to set up a…
